
Nearly 4 0 per cent of Cypriots see opportunities to start a business , a new national report by the University of Cyprus has found.
The 2023–2024 Entrepreneurship Report also revealed that 60.5 per cent believe they have the skills to launch one .
However, 53.3 per cent report a fear of failure , which may prevent them from taking action.
The latest report marks Cyprus’ eighth consecutive participation in